“I expect that we will be coming back with a harvest of business deals to be signed in my state visits that will further strengthen our economic ties with both Indonesia and…
All creditors, including China, have to agree to restructure their existing loans to the island nation before the IMF starts disbursing a US$2.9 billion loan.
Taiwan’s space to manoeuvre diplomatically has shrunk rather than expanded, while the rest of Asia, including Japan and India, must now pick up the pieces.
It ought to give South-east Asian nations, not to mention countries such as India and Australia, pause for thought at the very least.
The writer says former colonizers must not only annul the debts but also pay back what they have taken from their former colonized countries.
He is scheduled to meet with local businesses to promote trade and investment under his presidency, on top of holding meetings with the Filipino community in Indonesia.
According to a report last year, the number of nuclear warheads held by China is expected to increase from 350 in 2021 to 1,000 in 2030.
Both Biden and Xi are reportedly expected to attend a G-20 summit in November, making it one possible venue for them to hold a face-to-face meeting on the sidelines.
Indonesia;s Environment and Forestry Minister said the meeting chair would be issuing a summary of discussions instead of a joint communiqué as a result of the differing views.
A Foreign Ministry spokesman also urged the US to abide by the one-China principle and stipulations of the three China-US joint communiques.c